Answered step by step
Verified Expert Solution
Link Copied!

Question

00
1 Approved Answer

Review Question [Topic 7] - Harry is the managing director of Techno Pty ltd. Harry accepted a very large order, to the value of $150,000

image text in transcribed
image text in transcribed
Review Question [Topic 7] - Harry is the managing director of Techno Pty ltd. Harry accepted a very large order, to the value of $150,000 for the supply of computers to Dodgy Retailer Pty{ Ltd. The purchase order was placed by Dodger, the director of Dod etailer Pty Ltd. The computers were delivered, on credit, to Dodgy ty Ltd which later became insolvent and collapsed. It a pears that arry, and everyone in the technology business, knew that odger was a bad credit risk. - Two weeks after accepting the order of computers, Dodgg Retailer Pty Ltd went into liquidation without ever paying Techno ty Ltd for the computers. Advise fully, with reference to legal authority whether: (1) Can Dodger be held liable for the, unpaid debt of Dodgy Retailer Pty Ltd? Discuss fully with reference to common law legal principles only; and (2) Will your answer be different under the Corporations Act 2001 (Cth)? Explain. 3 search

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Principles of Auditing and Other Assurance Services

Authors: Ray Whittington, Kurt Pany

19th edition

978-0077804770, 78025613, 77804775, 978-0078025617

Students also viewed these Law questions